Politics and Economics Flashcards
1
Q
Not every country has the population (1) or (2) potential to attract (3) in search for (4)
A
1 - density
2 - market
3 - international investment
4 - new markets
2
Q
Political matters and global (1) can not always take place due to (2)
A
1 - flows
2 - political barriers
3
Q
Describe the impacts of the financial crisis of 2008/9 on the IMF and World Bank
A
- Originated in the US and EU money markets
- LEDCs become sceptical of financial advice from IMF and World Bank
- Undermined world economy
4
Q
The WTO has a continuing lack of success in getting all (1) members to reach a (2) on any aspect of (3) especially in relation to (4) which makes many sceptical of its (5)
A
1 - 159 2 - global agreement 3 - trade 4 - food 5 - long term role
5
Q
Name the Breton Woods players
A
World Bank
IMF
WTO